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eBook Show Me How Financial Statements from the End-of-Period Spreadsheet Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following

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eBook Show Me How Financial Statements from the End-of-Period Spreadsheet Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 2019: During the year ended March 31, 2019, $3,200 of additional common stock was issued. Paoli Consulting End-of-Period Spreadsheet For the Year Ended March 31, 2019 Unadjusted Unadjusted Trial Balance Trial Balance Account Title Dr. Cr. Adjustments Dr. Adjustments Cr. Adjusted Trial Balance Dr. Adjusted Trial Balance. Cr. Cash 10,170 10,170 Accounts Receivable : 24,210 24,210 Supplies 2,570 2,150 420 Land 21,060 21,060 Building 19,850 19,850 Accumulated Depreciation 2,690 1,280 3,970 Accounts Payable 6,540 6,540 Salaries Payable 310 310 Common Stock 8,100 8,100 Retained Earnings 16,590 16,590 Dividends 3,150 3,150 Fees Earned 66,700 66,700 Salary Expense 17,070) 310 17,980 Supplies Expense 2,150 2,150 Depreciation Expense 1,290 1,280 Check My Work mons Check My Work uses remaining All work saved. Previous Next Save and Exit Submit Assignment for Gradina Depreciation Expense Miscellaneous Expense 1,940 100,620 100,620 1,280 1,280 1,940 3,740 3,740 102,210 102,210 Based on the preceding spreadsheet, prepare an income statement for Paoli Consulting. Paoli Consulting Income Statement For the Year Ended March 31, 2019 Line Item Description Amount Amount Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Paoli Consulting. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign Paoli Consulting Statement of Stockholders' Equity For the Year Ended March 31, 2019 Common Retained Stock Earnings Line Item Description Balances, April 1, 20 Total Check My Work 3 more Check My Works remaining Previous Next > All work saved. Save and Ext Submit Assignment for Grading Paoli Consulting Statement of Stockholders' Equity For the Year Ended March 31, 2019 Line Item Description Balances, April 1, 20Y8 Issued common stock Net income Dividends Balances, March 3 2019 Common Retained Stock Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Paoli Consulting. Paoli Consulting Balance Sheet March 31, 2019 Line Item Description Assets Current assets: Cash Accounts receivable Supplies Total current assets Property, plant, and equipment: Land Building Accumulated depreciation Amount Amount Amount Check My Work 3 more Check My Work uses remaining: Current assets: Assets Cash Show Me How Accounts receivable Supplies Total current assets i Property, plant, and equipment: Land Building Accumulated deseciation Book value-Building Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Check My Work 3 more Check My Work uses remaining 0 00 Previous

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